
The emergence of Private Equity funds to buy small- to medium-sized businesses has dramatically tipped the scales in favor of sellers who no longer have to rely on the strategic buyer to get top dollar for their businesses. Briggs Capital is in the forefront of recognizing the shifting dynamics of the flood of new buyers into the marketplace and has a stable of blue chip buyers willing to construct transactions that will have repeated paydays for the seller.
Briggs prides itself on discreet transactions that are done before the company’s employees and their industry counterparts are aware of the change in ownership. We work to maximize upfront money, guaranteed employment packages, and the opportunity for a “second bite of the apple” with an ongoing equity package from the buyer who, at some future date, will look to cash out as well.
We also recognize that capital requirements are unique for each engagement. The depth of Briggs’ buyers and investors reflects that. After defining the strategic approach, the nature of the transaction, and the capital structure needed, the resulting capital requirements are then established. Briggs then taps into its wide network of funding sources, targeting the funding or lending solution most appropriate for the engagement.
Briggs Capital enjoys working relationships with over 200 funding sources ranging from angel investors and venture funds to investment banks and individual and institutional investors. We source and maintain a comprehensive database of over 1,560 funding entities throughout the country. The ongoing maintenance of the Briggs database and our funding relationships benefits our clients with recent transaction intelligence and comparable transactions to assist in valuations and negotiations.
Briggs Capital is pleased with its principal-level relationship and recognition as representative for a family of funds formed by Sterling Capital's partners, with more than $750 million in assets under management. These funds invest in a diverse range of Private Equity transactions, including a multitude of platform companies and strategic add-ons. Current and pending funds offer a wide spectrum of investment vehicles, ranging from angel and early-stage funding to complete acquisitions.
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